(VOVworld) – The supply and demand for foreign currencies in September remain stable and the central bank will maintain the current inter-bank exchange rate. According to Nguyen Thi Hong, Deputy Governor of the State Bank of Vietnam (SBV), the surplus in the balance of payments over the past 9 months totaled 11 billion USD. The demand for foreign currencies at credit institutions was not high.
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| Commercial bank operates transaction of foreign currencies. (Photo: VNA) |
The Bank reported positive liquidity on stock markets, reaching up to 1 billion USD a day. Commercial banks can satisfy demands for foreign currency from organizations and individuals.
Deputy Governor Hong said the SBV will keep watching the market closely and implement a flexible monetary policy to ensure the stability of the currency, foreign exchange markets, and the exchange rate.